π° Purchase Price: 545,000
π΅ Total Entry: 85,000 + Closing costs + TC
π‘ Monthly Payment: 1,616 NO HOA
ποΈ 4 Bedrooms
π 2 Bathrooms
π 1,596 Sqft
π 2 Door Garage with long driveway
π° Mortgage Balance: 545,000 @ 4% interest only
7 year Balloon
π‘Monthly Expenses:
PITI: 1,616
Insurance 200-300 depending on if you want hurricane insurance
π΅Revenue Stream:
Rent: (LTR) 2,225-3500 with current other listings rented in the same area
MTR 3000-5000
We have an STR that just opened up the street getting about 6k in the off-season right now
Link to our Airbnb: https://www.airbnb.com/rooms/1216945630998048387?photo_id=1987024186&source_impression_id=p3_1726530558_P34dS17dI1jCV_CT
πInvestor's Advantage:
π 25 minutes to Volcano National Park π
β±5 min bike to the beach π
This area is starting to get developed and home values are growing.
This is one of the few LTR with cash flows you will find on the Island.
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